From Investing.com: 2025-05-21 01:42:00

China has been reducing its US Treasury holdings while increasing its gold reserves, aiming to diversify its assets and protect against geopolitical risks. This move is seen as a strategic way to weaken the dollar over time without causing market panic. China’s gold policy also helps stabilize the yuan and promotes it as an alternative currency, especially in the face of Western sanctions. While there are discussions of a partially gold-backed yuan, the practical challenges remain significant. Nonetheless, China’s gold strategy is positioning it as a key player in reshaping the global financial system away from dollar dominance.



Read more at Investing.com: China’s Gold Strategy Quietly Challenging US Dollar’s Global Dominance